A leading car-wash software company has joined forces with a private equity firm in Chicago. Prarie Capital has invested in Akron, Ohio-based DRB Systems according to a June 4 press release by Corum Group, the advisory firm representing DRB.
“DRB is the unquestioned software leader for the conveyorized car wash industry, with a 30-year history of strongly supporting their customers with their solutions,” says Prairie Capital Vice President Tony Danielak in the release, adding that he looks forward to helping DRB succeed.
DRB’s president Dale Brott agreed the investment would bring more success for both parties. “I greatly appreciated the very deep and thorough process we went through with Corum,” said DRB President Dale Brott. “Because of that process, we had a number of options, which means I’m confident that we have selected the right partner.”
DRB was founded in 1984 and has become a leading point-of-sale software provider. Its products are operating in all 50 states as well as Puero Rico and Canada helping to care for more than 3 billion vehicles.